While Ardagh Metal Packaging S.A. has underperformed by -0.29%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, AMBP fell by -9.95%, with highs and lows ranging from $4.29 to $2.57, whereas the simple moving average fell by -2.34% in the last 200 days.
On April 01, 2024, BofA Securities Downgraded Ardagh Metal Packaging S.A. (NYSE: AMBP) to Underperform. A report published by Morgan Stanley on March 18, 2024, Initiated its previous ‘Underweight’ rating for AMBP. UBS also rated AMBP shares as ‘Buy’, setting a target price of $5 on the company’s shares in an initiating report dated January 16, 2024. BofA Securities July 10, 2023d its ‘Buy’ rating to ‘Neutral’ for AMBP, as published in its report on July 10, 2023. Truist’s report from May 16, 2023 suggests a price prediction of $4 for AMBP shares, giving the stock a ‘Hold’ rating. BofA Securities also rated the stock as ‘Buy’.
Analysis of Ardagh Metal Packaging S.A. (AMBP)
Investors in Ardagh Metal Packaging S.A. will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.40 per share. Further, the quarter-over-quarter increase in sales is 5.20%, showing a positive trend in the upcoming months.
One of the most important indicators of Ardagh Metal Packaging S.A.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -18.02% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.68, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and AMBP is recording 1.14M average volume. On a monthly basis, the volatility of the stock is set at 2.98%, whereas on a weekly basis, it is put at 2.19%, with a loss of -2.55% over the past seven days. Furthermore, long-term investors anticipate a median target price of $3.80, showing growth from the present price of $3.44, which can serve as yet another indication of whether AMBP is worth investing in or should be passed over.
How Do You Analyze Ardagh Metal Packaging S.A. Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 76.94%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 16.54% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
AMBP shares are owned by institutional investors to the tune of 16.54% at present.
